There may be many reasons why a business owner or director continues to trade a distressed business rather than seeking professional assistance. In the present circumstances, where government support has propped up businesses, it may even be the case that your company has become insolvent without you realising it. As our recent article on the state of Scottish businesses outlines,
Continuing its commitment to businesses in the North West of England Opus Business Advisory Group’s continues its commitment to supporting business with local expertise, opening a new office in Preston, Lancashire. Insolvency Practitioner, Ian McCulloch joins Opus Restructuring & Insolvency to lead this dedicated office. A corporate insolvency professional specialising in SME liquidations and administrations, Ian has over 17 years’
George Dale, a prominent member of the Scottish restructuring and insolvency community, has joined Opus Restructuring & Insolvency as a partner for the new Edinburgh office. Opus established an initial presence in Scotland, with the appointment of Mark Harper as partner, earlier this year. George will open an office at 23 Melville Street, Edinburgh in mid-July with a view to
Opus Business Advisory Group has taken another significant step as it grows its ability to offer business advisory services to businesses throughout the United Kingdom. The group provides restructuring & insolvency, corporate finance, forensic and other allied specialties from each office within its UK office network. The Group has recruited Mark Ranson, a restructuring & insolvency specialist, to open the
A Company Voluntary Arrangement (CVA) is essentially a deal with unsecured creditors to pay a percentage (or all) of sums owing. There are also similar Voluntary Arrangements for both partnerships and individuals. Current Climate Due to Covid-19 there are likely to be many entities that are unable to pay their debts as a result of falling asset values (such as
Opus Business Advisory Group continues to grow its UK presence and recently opened its doors to a new office in Bristol. This is their 6th location across the UK and a natural step for the Group with Bristol being a significant business hub in the South West of England with a strong presence in the financial services market. Tim Dolder,
